Which of the following scenarios would be characteristic of an entrepreneur?
A. Mary imitated a new, more efficient method of producing pottery.
B. Alissa scaled back the production of pottery because it wasn't cost effective.
C. Ursula used a proven marketing method to advertise her pottery.
D. Rachel implemented a new and more efficient way to produce pottery.
Answer: D
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John is giving a presentation at his office. During his speech, John controls his tone of voice, how fast he is talking, and how he articulates his words. John is using the nonverbal code of
a. kinesics. b. proxemics. c. physical appearance. d. vocalics.
Which of the following will appear as a line item in the income statement prepared under variable costing?
A) Contribution Margin B) Total Cost of Goods Sold C) Work-in-Process Inventory D) Gross Profit
Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation. What is Mitch's best defense against this accusation? Later, a resolution comes before the Numero Uno board to compete with One-of-a-Kind Corporation. Mitch is a director and shareholder of One-of-a-Kind. What is Mitch's responsibility in this situation?
What will be an ideal response?
Arbitration is said to have a ________ when negotiators decide to let arbitration settle their disputes instead of negotiating to the best of their ability.
Fill in the blank(s) with the appropriate word(s).